Tencent Music/Ximalaya: Deal That Could Create Spotify Competitor Will Be Submitted for SAMR Review

Published on Jun 11, 2025

Tencent Music Entertainment Group (TME), China’s largest online music and audio entertainment platform, plans to submit its proposed $2.4 billion acquisition of audio content platform Ximalaya to the country’s antitrust authority for review, sources familiar with the matter said.

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